Wamu, Lehman Brothers, Bankruptcy Chapter 11 and You
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Who would have thought when Lehman, Mayer and Henry, Emanuel first founded the Firm in Montgomery, Alabama in 1850? Today after 158 years, Lehman Bothers is wobbling on the brink of bankruptcy. In 1858, the Lehmans accepted cotton crops from the local farmers as currency to settle accounts. But not anymore, they are running [...]